Penny Stock On The Move - CVM, OTD, BPUR

• CEL-SCI Corp. (CVM): shares of Vienna, VA based potential bird flu vaccine enhancer maker added 8.6% or 10 cents to $1.26 as the stock bounced back from three straight losing session per share after reaching 52 weeks high of $1.73 on April 4. The coverage on the stock was initiated on April 3 at 82 cents, a day before the big surge to a buy rating. The technical chart shows the stock is probably still in bull market as MACD is on top over signal line and 0. Although K line has recently fall a bit below D line, the two lines are still closely together as any surge would bring K line back on top over D line showing more bullish sign. Long term trend still indicates buy as stock is on top of 50 day and 200 day moving average with both moving averages moving up.
• O2Diesel Corp. (OTD): shares of Newark, DE based clean diesel fuel technology company continued the volatile ride by soaring 22.5% or 45 cents to $2.45 per share before the annual report. However the stock plunged 65 cents in after hour on negative perception to the annual report. The technical chart is showing mixed signal as MACD indicate bull market as MACD is on top of signal line while KD and ROC still shows weak signal as K line is below D line and ROC is back at overbought level. The long term trend still looks bullish as the stock is still above 50 day and 200 day moving average with 50 day moving average crossed on top over 200 day moving average recently to form Golden Cross, a very bullish sign. The stock was first covered on Wednesday, April 5 at $1.32 per share and has sine gained 85.6%.
• Biopure Corp. (BPUR): shares of Cambridge, MA based biotechnology company rose 9% or 8 cents to $1.25 per share. The technical chart looks bullish as 50 day moving average has just crossed on top over 200 day moving average to form Golden Cross, a strong bull market indicator. In addition ROC and KD show buy sinal as K line has just crossed on top over D line while ROC is now at oversold level. Since covered on January 10 at 96 cents per share, the stock has gained 30.2%.